Russia : economic indicators and trade with EU

(1)

GDP per capita (€) and annual growth (%)

in Russia and the EU-28

Russian total unemployment and

female labour market participation

Public finances, monetary and financial data

FDI and remittances

to Russia and the EU-28

Russian business environment and socio-economic indicators

The Ease of Doing Business’s ‘distance to frontier’ score assesses the overall level of regulatory performance of a country. It ranges from 0=’lowest performance’ to 100=’the frontier’, the best performance observed worldwide at each year.

The Human Development Index (HDI) measures the average achievement in key dimensions of hu-man development. It is based on life expectancy at birth, average duration of education and GDP per capita. It ranges from 0 to 100. ‘High human development countries’ (UN) are in the range between 70 and 80.

The Corruption Perception Index measures the perceived levels of public sector corruption worldwide. Scores range from 0 (highly corrupt) to 100 (very clean). In 2015, two thirds of the countries score below 50.

The GINI Index measures the deviation of the distribution of income among individuals or house-holds within a country from a perfectly equal distribution. It is hence a measure of inequality in income distribution. A value of 0 represents absolute equality, a value of 100 absolute inequality.

Score

Rank

51/189 119/168 80/142 71 79.8 29 39.7

Ease of Doing Business Human Development Index* Corruption Perception Index

GINI Index* Worst Best 0 100 Best Worst 0 100 0 100 0 100 50/188 -5% 0% 5% 10% 0 10 20 30 2000 2005 2010 2015 Thous ands €

28.7

7.6 Total unemployment (left axis)

Female labour force participation (right axis)

65% 67% 69% 71% 0% 4% 8% 12% 2000 2005 2010 2015

68.5%

5.8%

Public debt (% of GDP)

Surplus/deficit (% of GDP)

-10% 15% 40% 65% 90% 2010 2015 2010 2015

Russia

EU-28

Remittances received (% of GDP)

FDI net inflows (% of GDP)

0% 2% 4% 6% 8% 2005 2010 2014 2005 2010 2014

Russia

EU-28

0 20 40 60 80 0% 20% 40% 60% 80% 2000 2005 2010 2015

GDP per capita

(left axis)

Russia

EU-28

GDP growth

(right axis)

Russia

EU-28

Rouble/euro exchange rate

Inflation rate RUS (%)

68.1 15.8%

1.9%

-3.8%

€ thousand

Russia: Economic indicators and trade with EU

EPRS | European Parliamentary Research Service EUI | European University Institute

Authors: Martin Russell and Giulio Sabbati, Members’ Research Service; Laura Bartolini, GlobalStat | EUI

PE 582.044

At a glance

May 2016

Infographic

(2)

EU exports to Russia (2015)

Russian exports to EU (2015)

Main trade partners (2015)

EU grants paid to Russian beneficiaries (2015)

EU trade with Russia

Top EU partners (2015)

Goods (2005-2015)

Services (2010-2013)

Preferential loans to Russia

EU imports from Russia

EU exports to Russia

Outstanding loans as of March 2016.

No new loans issued to Russia since July 2014

Trade in goods

EU grants paid to Russia in 2014 amount to 0.2% of total EU grants

0 50 100 150 200 250 2005 2007 2009 2011 2013 2015

136

74 Import

Export

29

14 Import

Export

€ billion

EU

17.6% 14.8% 7.2% 6.0% 54.4% US China Switzerland Russia Others

Russia

44.8% 12.1% 8.0% 4.4% 30.7% EU China EEU Turkey Other 22.8% 10.0% 9.3% 8.1% 4.7% 7.3% 37.8%

Machinery and equipment Cars and trucks

Electrical, electronic equipment

Pharmaceutical Plastics Agri-food Other 68.0% 21.8%

Oil, gas, coal Iron, steel Gemstones Chemicals Aluminium Agri-food Other

EPRS | European Parliamentary Research Service EPRS | European Parliamentary Research Service

10.7 3

1.7 1.6

Education

Support for human rights

Support for civil society

Research

EPRS | European Parliamentary Research Service EPRS | European Parliamentary Research Service EPRS | European Parliamentary Research Service EPRS | European Parliamentary Research Service

17.0 €

million

€ million

0.3 5.2 0 1 2 3 4 5 6 EIB EBRD

€ billion

Trade in goods, exports plus imports

49 23 21 18 11 11 9 9 7 6 0 20 40 60 DE NL IT PL BE FR UK FI LT CZ

E

U

i

m

p

o

r…

€ billion

Notes

GlobalStat is a project developed by the European University Institute’s Global Governance Programme (Italy) and the Francisco Manuel dos Santos Foundation (Portugal). Data sources for page 1: GDP figures, inflation and exchange rates are from IMF WEO (April 2016) and Eurostat (2016); Labour market data are from ILO KILM (2015); FDI and remittances data are estimates from World Bank staff based on IMF BoP data (2016); HDI and GINI indexes are from UNDP HDR (2015) and are re-scaled (*) from 0-1 to 0-100 for better comparability; CPI is from Transparency International (2015); Doing Business data are from the World Bank Group - Doing Business Unit (2016).

Data sources for page 2: EU trade with Russia, Main trade partners (EU), Top 10 Member States partners (goods), EU exports to Russia (%) and Russian exports to EU (%) are from ComExt, Eurostat; main trade partners (Russia) are from Russian Federal State Statistics Service (FSSS); EEU = Eurasian Economic Union; EU grants paid to Russian beneficiaries (2015) are from European Commission. Preferential loans to Russia are from European Bank for Reconstruction and Development (EBRD) and European Investment Bank (EIB).

Disclaimer and Copyright. The content of this document is the sole responsibility of the authors and any opinions expressed therein do not necessarily represent

the official position of the European Parliament or of the European University Institute. It is addressed to the Members and staff of the EP for their parliamen-tary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament and GlobalStat are given prior notice and sent a copy. © European Union & GlobalStat, 2016.

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